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Dec 31, 2019
PPL Q4 2019 Earnings Report
PPL reported Q4 2019 earnings, with ongoing operations earnings exceeding forecast midpoint.
Key Takeaways
PPL Corporation reported a decrease in reported earnings for Q4 2019, primarily due to special items related to unrealized gains and losses on foreign currency economic hedges. However, earnings from ongoing operations increased compared to the previous year.
PPL reported Q4 2019 earnings of $364 million, or $0.48 per share.
Q4 2019 earnings from ongoing operations were $431 million, or $0.57 per share.
The company announced a 2020 earnings forecast range of $2.40 to $2.60 per share.
PPL increased its common stock dividend to $0.4150 per share on a quarterly basis.
PPL
PPL
Forward Guidance
PPL provided earnings forecast for 2020